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and represents a small premium to the New York company’s closing price of $131.41

Report: Charter Communications to bid for Time Warner Cable
Reno Gazette-Journal
The offer would value Time Warner Cable at up to $38 billion, and represents a small premium to the New York company’s closing price of $131.41, up 35 cents, on Friday. But shares have risen from the mid-$90s in June, largely on takeover speculation.

via “time warner cable” – Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHZG_QlDUvdrGq99LoLcckdOpUZag&url=http://www.rgj.com/viewart/20131215/BIZ03/131215007/Report-Charter-Communications-bid-Time-Warner-Cable

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